Search found 476 matches

by Speedy
Sun Jul 31, 2011 7:31 pm
Forum: Investing - Theory, News & General
Topic: RIP Howard Stein
Replies: 2
Views: 1535

Interesting article. Thanks for posting.
by Speedy
Thu Feb 17, 2011 6:43 pm
Forum: Investing - Theory, News & General
Topic: Looking for a good portfolio tracker
Replies: 9
Views: 1463

I've used Yahoo Finance for several years and have been very satisfied until this current "Upgrade" process has really botched things up. I noticed in the last few minutes, they seem to be backtracking on the changes, almost back to the original format. I think I'll give them a few weeks to see if t...
by Speedy
Fri Dec 31, 2010 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Book on Social Security
Replies: 9
Views: 1720

The NOLO Press book is "Social Security, Medicare and Government Pensions", by Joseph Matthews. The 15th edition came out in 2010. I found it very helpful.
by Speedy
Thu Sep 23, 2010 7:54 am
Forum: Personal Finance (Not Investing)
Topic: 16 year-old and car.
Replies: 25
Views: 3652

Hi Cestan: Oh boy,does this one bring back some memories. I was 16 in 1960 and had already worked 2 or 3 summers to save money for my first car. I was already a car bug and wanted a fast and cool car. Growing up in California, where the car culture was in full swing, was no doubt a big part of the r...
by Speedy
Thu Sep 23, 2010 6:43 am
Forum: Personal Finance (Not Investing)
Topic: Is a UGMA or more 529 funding more appropriate for us?
Replies: 16
Views: 2259

Hi Monk: I think you have a good idea to use UGMA/UTMA account(s) along with the 529 account(s). It is difficult to say if a UGMA/UTMA is "best". I see little downside,and certainly, it provides a "diversification" effect vs. a 529. Prior to the 529 era we used UGMAs to fund college for our two sons...
by Speedy
Wed Aug 04, 2010 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to Help a WW II Vet with Assisted Living Decisions
Replies: 2
Views: 649

Trying to Help a WW II Vet with Assisted Living Decisions

Hello everyone: My daughter in law has asked me to assist her in evaluating the possibility of purchasing an annuity to help protect her grandarents assets as they transition to assisted living. She is the closest living relative that is capable of dealing with these matters. Here is the situation a...
by Speedy
Mon Jan 04, 2010 10:04 pm
Forum: Personal Investments
Topic: Spikes in short-term bond ETFs?
Replies: 7
Views: 1948

If you pull up a one day chart on Yahoo Finance, or maybe a 5 day with the intrday indicated value as well, it can be astonishing how much deviation there is between Mkt and IIV pricing. Also, the long term chart you are looking at is not nearly as revealing as looking at a one day chart with respec...
by Speedy
Mon Jan 04, 2010 9:10 pm
Forum: Personal Investments
Topic: Spikes in short-term bond ETFs?
Replies: 7
Views: 1948

Per Yahoo Finance, today's trading volume for some TIPs ETFs: TIP.....3,583,125 shares IPE.........75,390 shares STPZ.......57,892 shares LTPZ...........850 shares I would be very careful trading STPZ. Never put in a market order for a low volume ETF, and this one is kinda low. LTPZ is extremely low...
by Speedy
Sun Jan 03, 2010 10:15 pm
Forum: Personal Investments
Topic: Vanguard Short Term Bond Index Fund
Replies: 13
Views: 3640

Limited Term Tax Exempt is not a bad choice and it is federal Tax exempt.

..........................................Yield.........Duration

Ltd Term TE VMLTX...............1.37%......2.5 yr
Ltd Term TE Adm VMLUX.......1.45%......2.5 yr
Short Term Bond Index.........1.45%......2.6 yr

Regards,
Bill
by Speedy
Wed Dec 02, 2009 10:21 pm
Forum: Personal Consumer Issues
Topic: Are Used Appliances a Good Idea?
Replies: 31
Views: 6758

I suggest low cost new or dent and scratch as mentioned. To me, used appliances are a roll of the dice unless they are essentially free. Starting out, there is no need to buy high end appliances IMHO, maybe never.

Regards,
Bill
by Speedy
Mon Nov 30, 2009 12:59 pm
Forum: Personal Investments
Topic: Should My Asset Allocation Change After Roth Conversion?
Replies: 11
Views: 2129

LDR: One other consideration that I don't believe has been menioned is the matter of asset location. It is not clear (maybe I missed it) if the Roth will be the dominant holding in your portfolio or not. But I believe there is wisdom in the idea that the assets with the highest expected return shoul...
by Speedy
Sat Nov 28, 2009 1:00 pm
Forum: Investing - Theory, News & General
Topic: Case against long-term TIPS
Replies: 47
Views: 8668

Re: Case against long-term TIPS

I think some longer-dated TIPS investors here may be overestimating their safety. The reason is that I think *real* yields on TIPS and other bonds will necessarily rise significantly if/when inflation picks up and the value of long-duration TIPS will drop accordingly. I disagree. It seems one of yo...
by Speedy
Thu Nov 05, 2009 10:33 pm
Forum: Investing - Theory, News & General
Topic: VBS Witholding Excessive Taxes on ADRs?
Replies: 0
Views: 512

VBS Witholding Excessive Taxes on ADRs?

I received the following email from a friend. My review of the VBS Brokerage Agreement leads me to believe that this would NOT be an issue for ETFs, but only for foreign securities held by JP Morgan as custodian for VBS. I am posting this for those that may be affected – those that may hold ADRs of ...
by Speedy
Thu Oct 15, 2009 8:44 pm
Forum: Personal Investments
Topic: TIPS Shifting: ST TIPS vs. ST Inv Grade vs. ST Treasury
Replies: 30
Views: 5963

I bought quite a lot of individual ten and twenty year TIPs during the crisis last year when yields were in the range of 3%. My original intention was to use the Swedroe shifting maturity strategy. However, I have decided to hold for now because: 1. The bid/ask spread for retail investors is quite h...
by Speedy
Sun Oct 04, 2009 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: GMO Real Return Forecasts (9/23)
Replies: 18
Views: 4207

I especially like the scorecard dated 1-1-01. Grantham is quoted as saying the market will be essentialy flat over the next decade. And then the market returns over the next several weeks prove exactly how wrong he was.

Regards,
Bill
by Speedy
Sun Oct 04, 2009 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: GMO Real Return Forecasts (9/23)
Replies: 18
Views: 4207

Product info (PDF) for GMO Quality Strategy (may require free login): https://www.gmo.com/Gremlin/StrategyPerformance/WebControls/FileDownload.aspx?strategyid=qf&linkid=12&targetobject=cVqpRV%2boAup3njyPN8zaMJzJTNfe7OQoqMY6FmFaosIchLGEqctat5DIVJtieP7Tia3roE9HC69gch1F%2fT7UVpnZh%2buJIxt7NlVNu1B%2bps0...
by Speedy
Thu Oct 01, 2009 8:53 pm
Forum: Investing - Theory, News & General
Topic: CFTC Trying to Push Buy & Hold Investors Out of CCFs?
Replies: 0
Views: 700

CFTC Trying to Push Buy & Hold Investors Out of CCFs?

Morningstar Article: http://news.morningstar.com/articlenet/article.aspx?id=310437 Thus, the Commodity Futures Trading Commission is widely anticipated to come out with new regulation that would impose limits on futures activity by traders who are not direct commodity producers or consumers. Such re...
by Speedy
Wed Sep 16, 2009 2:35 pm
Forum: Investing - Theory, News & General
Topic: Top Dogs
Replies: 8
Views: 1913

I thought this thread might be referring to the real "Top Dog" in Berkeley. Best hot dog I've ever had. http://www.topdoghotdogs.com/ And check out the propergander page: http://www.topdoghotdogs.com/propergander.html And, ya gotta love the motto: "Believe what you're told, there'd be chaos if every...
by Speedy
Thu Sep 10, 2009 5:50 pm
Forum: Investing - Theory, News & General
Topic: Inflation hedging bandwagon
Replies: 19
Views: 3194

Bloomberg article Sep 9: Inflation Fears Push US Endowments Deeper Into Commodities, Real Estate http://www.bloomberg.com/apps/news?pid=20601109&sid=abZomWbPtD8c Impossible to Time George Washington, which was created by Congress in 1821, may increase its stakes in natural resources to as much as 30...
by Speedy
Mon Sep 07, 2009 8:05 pm
Forum: Investing - Theory, News & General
Topic: Question for Larry Swedroe re CFTC "Postion Limits"
Replies: 7
Views: 2670

Hi Larry: Thanks for the response. I’m still trying to get my head around this whole PCRIX business. Do you think there is any potential risk of significance for the Pimco CCF fund with respect to the matter of Chinese Govt enterprises walking away from their commodity derivative commitments? Ref th...
by Speedy
Sat Sep 05, 2009 5:34 pm
Forum: Investing - Theory, News & General
Topic: Question for Larry Swedroe re CFTC "Postion Limits"
Replies: 7
Views: 2670

Question for Larry Swedroe re CFTC "Postion Limits"

Larry: Do you have any comments on the recent CFTC actions with respect to “position limits” and the potential impact on commodity prices? Do you think the “pressure” they are putting on commodity (really CCF) ETFs may have a negative impact on commodities in general or more specifically PCRIX in pa...
by Speedy
Sun Aug 30, 2009 10:31 pm
Forum: Investing - Theory, News & General
Topic: Investing Smarter After the Recession
Replies: 6
Views: 1472

Thanks for posting. I'm always interested in what John Bogle has to say.

Regards,
Bill
by Speedy
Tue Jun 30, 2009 8:01 pm
Forum: Investing - Theory, News & General
Topic: Home Price Trends - New Case Shiller Data
Replies: 13
Views: 2526

I love all these reports that the "rate of decline is slowing." Hey, Bloomberg, CNN, etc. readers: THAT'S STILL A DECLINE!!! :) Most mainstream media articles refer to year over year data and that data still indicates a down trend. However, a look at month to month data indicates an uptrend in seve...
by Speedy
Tue Jun 30, 2009 6:40 pm
Forum: Investing - Theory, News & General
Topic: Home Price Trends - New Case Shiller Data
Replies: 13
Views: 2526

Wondering what will happen if the 15K housing credit for new home purchases bill passes. Wondering what will happen when the next major round of mortgage resets starts at the end of the year. Of course, no one knows when the bottom will be, certainly not me. However, I do place some signifigance on...
by Speedy
Tue Jun 30, 2009 4:50 pm
Forum: Investing - Theory, News & General
Topic: Home Price Trends - New Case Shiller Data
Replies: 13
Views: 2526

Home Price Trends - New Case Shiller Data

Hi: Below is an interesting graph of home price trends for various cities. This graph needs some explanation: The right hand end of each trend line represents the latest data from the Case Shiller home price indices through the end of April. The data was released today. The author has offset the tre...
by Speedy
Thu Jun 25, 2009 1:53 pm
Forum: Personal Consumer Issues
Topic: Security risks Public Wifi hotspots
Replies: 41
Views: 6502

In planning a recent trip I called Vanguard, another brokerage I use, and two banks I use and asked if I would be safe using their website for financial transactions while using my laptop at an unsecured WIFI hotspot. I received tha same answer from each entity: "If you make sure you are logging ont...
by Speedy
Sat Jun 20, 2009 3:46 pm
Forum: Personal Investments
Topic: Bond Allocations
Replies: 18
Views: 4472

Just for the heck of it, I did a simple calculation for various stock percentages: http://i40.tinypic.com/2en9v6c.jpg The OP’s stock allocation was used in this calculation except that Total Int’l was substituted for FTSE all World x-US, due to the short history of all World. Vang Interm. Term Tax E...
by Speedy
Thu Jun 18, 2009 2:36 pm
Forum: Investing - Theory, News & General
Topic: Stupid Financial Tricks - ETNs, etc. Article
Replies: 0
Views: 537

Stupid Financial Tricks - ETNs, etc. Article

http://finance.yahoo.com/news/Stupid-Financial-etfguide-539353955.html?x=0&.v=1 Credit and Taxation Risk Investors have short memories. And many have already forgotten about the fall of ex-Wall Street titans like Bear Stearns and Lehman Brothers. In Lehman's case, investors in its exchange-traded no...
by Speedy
Thu Jun 11, 2009 6:21 pm
Forum: Investing - Theory, News & General
Topic: Any VWO Market Timers Out There?
Replies: 19
Views: 3029

Les: I'm curious at what point did the 3 mo/ ten mo MT method you described call for a sale of VEIEX (crisis of 2007-2009). What was the date and price? I guess what I'm really wondering is whether it would have caused a follower to sell at a price much higher than the projected next buy-in price. A...
by Speedy
Thu Jun 11, 2009 10:16 am
Forum: Personal Investments
Topic: Bond Allocations
Replies: 18
Views: 4472

Welcome to the forum. Do you expect your tax rates to remain the same going forward? Especially, the federal rate? It could make a big difference if the federal rate goes up when you start taking Social Security, RMDs, pension, etc. If I'm not mistaken, the bump from 9.3% to 9.55% Calif tax rate is ...
by Speedy
Fri Jun 05, 2009 9:56 pm
Forum: Personal Investments
Topic: Traditional IRA to Roth IRA conversion: Texas vs California
Replies: 2
Views: 1166

Many people pay a marginal rate (tax bracket) of 9.55% in Calif for 2009. If you can, convert before you move to Calif. Also, you would benefit by converting when stocks are at a lower valuation (pay less tax). Of course, no one knows what valuations will be next year, but my gut tells me they may b...
by Speedy
Thu Jun 04, 2009 3:26 pm
Forum: Investing - Theory, News & General
Topic: Have you ever converted anyone?
Replies: 55
Views: 7542

I've converted 4 poeple, 5 if I count myself. A pretty low batting average actually. I write an informal "newsletter" each month that I distribute by email to about 20 friends and family members. In it, I tabulate asset class returns and returns of simple index fund portfolios and and a few Vanguard...
by Speedy
Wed Jun 03, 2009 9:17 pm
Forum: Personal Investments
Topic: Emerging Mkts. What % of your retirement AA
Replies: 35
Views: 5070

Making a short story long: Prior to Jan 2009 my IPS called for 50% stock, 40% of stock in Int'l, and EM Mkt 20% of Int'l, so Em Mkt target was 0.5*0.4*0.2 = 4%. Jan 2009 instead of rebalancing the whole portfolio, increased allocation of Em Mkt from 20% to 30% of Int'l and US SCV from 30% to 40% of ...
by Speedy
Mon Jun 01, 2009 8:41 pm
Forum: Investing - Theory, News & General
Topic: Large Nominal Bankruptcies within the last 10 years. Why?
Replies: 16
Views: 1932

bigH wrote:Also many of them are finance related companies (so called knowledge worker companies), not industrial champions. I will never really trust a banker/financier as much as I did before 2008.
AMEN.

And I didn't trust them much before 2008.

Regards,
Bill
by Speedy
Wed May 20, 2009 8:05 pm
Forum: Personal Investments
Topic: Please help me choose which bond fund/funds
Replies: 8
Views: 1965

I agree with David, this money seems to be in a taxable account. Limited term tax exempt would be my choice, yield is 2.05% today. Or, if the time frame is real long, maybe Intermediate Term Tax Exempt, yield is 3.25%. Dividends are federal tax exempt. Of course, if you are in a very low tax bracket...
by Speedy
Tue May 12, 2009 6:15 pm
Forum: Personal Investments
Topic: safety of investment advisor
Replies: 6
Views: 1573

A few yers ago I was using a low cost advisor. He pointed out to me that fraud is not common by advisors, but that to minimize the chance of fraud it is a good idea to allow the advisor trading authority only. Do not allow full authority. Do not allow payment of fees from the account. Do not allow r...
by Speedy
Mon May 11, 2009 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Earthquake Insurance in California?
Replies: 55
Views: 9965

Structural improvements may save your life and the lives of family members, but earthquake insurance will not. Our home is in the earthquake prone bay area on a steep hillside in Marin (my heart's in Sonoma). I'm an engineer (not structural) and decided to do seismic upgrades instead of buying the v...
by Speedy
Sun May 10, 2009 1:10 pm
Forum: Personal Investments
Topic: Bond ETF comparison - AGG vs TIP vs TLT
Replies: 8
Views: 7335

Brooks: First off, let me admit to tinkering with my bond allocation. Not very Bogleheadish, I know, but it is what it is. Second, let me say that since we are at a time of historically low interest rates, I see little advantage to going out on duration. To me, 3 to 7 year is intermediate, not 7-10....
by Speedy
Sat May 09, 2009 9:24 am
Forum: Personal Investments
Topic: Bond ETF comparison - AGG vs TIP vs TLT
Replies: 8
Views: 7335

Long term treasuries may be only part way the through the popping of a treasury bubble. I believe few on this forum would recommend long term treasuries at any time. Long treasuries have done well over the last 25+ years or so in an environment of interest rates trending down, but seem unlikely to d...
by Speedy
Thu May 07, 2009 5:20 pm
Forum: Personal Investments
Topic: TIPS Valuation
Replies: 10
Views: 2808

Hi Ted: I also got interested in indiv TIPs based on Larry's strategy. Glad I did because it got me in the game and taught me how significant the ytm is for TIPs (and the inflation factor and broker markup). I'm generally happy with the purchases I made. Started buying at yields of around 2.4% and b...
by Speedy
Thu May 07, 2009 9:05 am
Forum: Personal Investments
Topic: Buying an old condo??
Replies: 20
Views: 7110

Co-ops have more issues than condos. The big one that comes to mind is the loan issue. Many conventional lenders will not loan on co-ops (at least in California). This makes financing less available and more expensive. Not sure of the specifics, but I think there may be other legal issues wrt to co-...
by Speedy
Thu May 07, 2009 8:46 am
Forum: Personal Investments
Topic: TIPS Valuation
Replies: 10
Views: 2808

Hi Boater: You might check the "profits" on your longer term TIPs bonds. They are much more sensitive to real yield swings. If you bought some of those 2026 and 2028 bonds at around 3% ytm, the "profits" may be greater than you think, depending on which day (and market ytm) you look. You might find ...
by Speedy
Wed May 06, 2009 10:44 pm
Forum: Personal Investments
Topic: TIPS Valuation
Replies: 10
Views: 2808

Boater: I'm not sure which bond you bought and sold, but between July of 2008 and November, the CPI-U dropped about 4.6%. Since the inflation factor of a TIPs bond is based on the CPI (but trails by 3 months I believe), There was a period of your ownership in which the inflation factor dropped consi...
by Speedy
Tue May 05, 2009 7:11 pm
Forum: Investing - Theory, News & General
Topic: Some misc. fund YTD performance
Replies: 20
Views: 3884

I recently realized the Vanguard fund list can be sorted by ytd performance. This could get me in a lot of trouble if I'm not careful.

Image
by Speedy
Tue May 05, 2009 4:36 pm
Forum: Personal Investments
Topic: Buying an old condo??
Replies: 20
Views: 7110

Not sure, but I'll say what I think to be the case. Condos could fit into one of three categories: 1) New, 2) established with owner operatated HOA in place for a long time, 3) Conversion condo with developer HOA in place transitioning to an owner operated HOA. Of the three categories, the conversio...
by Speedy
Tue May 05, 2009 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Where to hold Vanguard Index funds- what brokerage firm
Replies: 22
Views: 5186

Welcome to the forum. I have had brokerage accts at Fidelity and Schwab. No complaints about the service, but expensive to buy / sell Vanguard funds. There is a lot of excitement these days about ETFs, but for the most part I think they are a distraction. Been there, done that. If you want to keep t...
by Speedy
Tue May 05, 2009 2:12 pm
Forum: Personal Investments
Topic: Buying an old condo??
Replies: 20
Views: 7110

For what it is worth, some thoughts on condos: Realize you are buying into not just the building, but also the association. This can be a real learning experience as there are practical and legal ramifications to owning a condo. Read and understand all the condo paperwork before your final sign off ...
by Speedy
Tue May 05, 2009 1:21 pm
Forum: Personal Investments
Topic: Vanguard GNMA
Replies: 137
Views: 49956

I'm certainly no expert on bond funds, but for what it is worth, my take is that the historically low interest rates we currently have could well lead to to pain for bond fund holders when rates rise. The longer the duration, the higher the risk. The faster the rate increase the higher the risk. Onl...
by Speedy
Mon May 04, 2009 3:39 pm
Forum: Personal Investments
Topic: Vanguard GNMA
Replies: 137
Views: 49956

http://i44.tinypic.com/23sgqwx.jpg The graph is from the Vanguard article on volatility of GNMA duration. A few points: 1. Even though the GNMA duration moves up and down quite a bit, it generally has a shorter duration than TBM, at least over the time period addressed in the article. 2. Consider t...
by Speedy
Mon May 04, 2009 11:36 am
Forum: Investing - Theory, News & General
Topic: A Good 8 Weeks for Stocks - Asset Class Returns
Replies: 2
Views: 914

A Good 8 Weeks for Stocks - Asset Class Returns

Of course, no one knows what will happen next, but here's hoping for more of the same. The last 24 weeks haven't been so bad either, especially for Emerging Markets, the only stock asset class that "bottomed" lower on Nov 20 than on March 9. http://www.freeimagehosting.net/uploads/fc2a2a4949.jpg Reg...